2016 was a year of “solid growth”, says Hikvision, after releasing its official 2016 financial results. Highlights of the report include revenue of $4.6 billion, a 26 per cent increase in net profits, as well as plans to establish an R&D Centre in Montreal and a Research Institute in Silicon Valley, Calif.

Calling these highlights “concrete results and commitments that our integrator partners can depend on,” Jeffrey He, president of Hikvision USA Inc., and Hikvision Canada Inc., discusses the results on the company blog.